ESMA Adds 14 Crypto Firms to MiCA Register, Total Hits 294

Germany and France account for the largest share of licensed CASPs, reflecting their established regulatory infrastructure for digital assets. Smaller jurisdictions including Malta, Lithuania, and Estonia have also approved multiple firms, often targeting passporting rights that allow a license in one member state to cover operations across the entire bloc.

The 294 total includes both newly licensed entities and firms that transitioned from pre-existing national regimes. ESMA has not disclosed the names of the 14 latest additions, though the register is publicly searchable on the authority's website.

MiCA's full application deadline for crypto-asset service providers is Dec. 30, 2024. Firms that miss the cutoff face losing their passporting rights, though some national regulators have signaled flexibility on enforcement timelines for entities with pending applications.